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Thanks to all who submitted questions for Shiv Malik in the GAINS AMA yesterday, it was great to see so much interest in Data Unions! You can read the full transcript here:

Thanks to all who submitted questions for Shiv Malik in the GAINS AMA yesterday, it was great to see so much interest in Data Unions! You can read the full transcript here:

Gains x Streamr AMA Recap

https://preview.redd.it/o74jlxia8im51.png?width=1236&format=png&auto=webp&s=93eb37a3c9ed31dc3bf31c91295c6ee32e1582be
Thanks to everyone in our community who attended the GAINS AMA yesterday with, Shiv Malik. We were excited to see that so many people attended and gladly overwhelmed by the amount of questions we got from you on Twitter and Telegram. We decided to do a little recap of the session for anyone who missed it, and to archive some points we haven’t previously discussed with our community. Happy reading and thanks to Alexandre and Henry for having us on their channel!
What is the project about in a few simple sentences?
At Streamr we are building a real-time network for tomorrow’s data economy. It’s a decentralized, peer-to-peer network which we are hoping will one day replace centralized message brokers like Amazon’s AWS services. On top of that one of the things I’m most excited about are Data Unions. With Data Unions anyone can join the data economy and start monetizing the data they already produce. Streamr’s Data Union framework provides a really easy way for devs to start building their own data unions and can also be easily integrated into any existing apps.
Okay, sounds interesting. Do you have a concrete example you could give us to make it easier to understand?
The best example of a Data Union is the first one that has been built out of our stack. It's called Swash and it's a browser plugin.
You can download it here: http://swashapp.io/
And basically it helps you monetize the data you already generate (day in day out) as you browse the web. It's the sort of data that Google already knows about you. But this way, with Swash, you can actually monetize it yourself. The more people that join the union, the more powerful it becomes and the greater the rewards are for everyone as the data product sells to potential buyers.
Very interesting. What stage is the project/product at? It's live, right?
Yes. It's live. And the Data Union framework is in public beta. The Network is on course to be fully decentralized at some point next year.
How much can a regular person browsing the Internet expect to make for example?
So that's a great question. The answer is no one quite knows yet. We do know that this sort of data (consumer insights) is worth hundreds of millions and really isn't available in high quality. So With a union of a few million people, everyone could be getting 20-50 dollars a year. But it'll take a few years at least to realise that growth. Of course Swash is just one data union amongst many possible others (which are now starting to get built out on our platform!)
With Swash, I believe they now have 3,000 members. They need to get to 50,000 before they become really viable but they are yet to do any marketing. So all that is organic growth.
I assume the data is anonymized btw?
Yes. And there in fact a few privacy protecting tools Swash supplys to its users.
How does Swash compare to Brave?
So Brave really is about consent for people's attention and getting paid for that. They don't sell your data as such.
Swash can of course be a plugin with Brave and therefore you can make passive income browsing the internet. Whilst also then consenting to advertising if you so want to earn BAT.
Of course it's Streamr that is powering Swash. And we're looking at powering other DUs - say for example mobile applications.
The holy grail might be having already existing apps and platforms out there, integrating DU tech into their apps so people can consent (or not) to having their data sold - and then getting a cut of that revenue when it does sell.
The other thing to recognise is that the big tech companies monopolise data on a vast scale - data that we of course produce for them. That is stifling innovation.
Take for example a competitor map app. To effectively compete with Google maps or Waze, they need millions of users feeding real time data into it.
Without that - it's like Google maps used to be - static and a bit useless.
Right, so how do you convince these big tech companies that are producing these big apps to integrate with Streamr? Does it mean they wouldn't be able to monetize data as well on their end if it becomes more available through an aggregation of individuals?
If a map application does manage to scale to that level then inevitably Google buys them out - that's what happened with Waze.
But if you have a data union which bundles together the raw location data of millions of people then any application builder can come along and license that data for their app. This encourages all sorts of innovation and breaks the monopoly.
We're currently having conversations with Mobile Network operators to see if they want to pilot this new approach to data monetization. And that's what even more exciting. Just be explicit with users - do you want to sell your data? Okay, if yes, then which data point do you want to sell.
Then the mobile network operator (like T-mobile for example) then organises the sale of the data of those who consent and everyone gets a cut.
Streamr - in this example provides the backend to port and bundle the data, and also the token and payment rail for the payments.
So for big companies (mobile operators in this case), it's less logistics, handing over the implementation to you, and simply taking a cut?
It's a vision that we'll be able to talk more about more concretely in a few weeks time 😁
Compared to having to make sense of that data themselves (in the past) and selling it themselves
Sort of.
We provide the backened to port the data and the template smart contracts to distribute the payments.
They get to focus on finding buyers for the data and ensuring that the data that is being collected from the app is the kind of data that is valuable and useful to the world.
(Through our sister company TX, we also help build out the applications for them and ensure a smooth integration).
The other thing to add is that the reason why this vision is working, is that the current data economy is under attack. Not just from privacy laws such as GDPR, but also from Google shutting down cookies, bidstream data being investigated by the FTC (for example) and Apple making changes to IoS14 to make third party data sharing more explicit for users.
All this means that the only real places for thousands of multinationals to buy the sort of consumer insights they need to ensure good business decisions will be owned by Google/FB etc, or from SDKs or through this method - from overt, rich, consent from the consumer in return for a cut of the earnings.
A couple of questions to get a better feel about Streamr as a whole now and where it came from. How many people are in the team? For how long have you been working on Streamr?
We are around 35 people with one office in Zug, Switzerland and another one in Helsinki. But there are team members all over the globe, we’ve people in the US, Spain, the UK, Germany, Poland, Australia and Singapore. I joined Streamr back in 2017 during the ICO craze (but not for that reason!)
And did you raise funds so far? If so, how did you handle them? Are you planning to do any future raises?
We did an ICO back in Sept/Oct 2017 in which we raised around 30 Millions CHF. The funds give us enough runway for around five/six years to finalize our roadmap. We’ve also simultaneously opened up a sister company consultancy business, TX which helps enterprise clients implementing the Streamr stack. We've got no more plans to raise more!
What is the token use case? How did you make sure it captures the value of the ecosystem you're building
The token is used for payments on the Marketplace (such as for Data Union products for example) also for the broker nodes in the Network. ( we haven't talked much about the P2P network but it's our project's secret sauce).
The broker nodes will be paid in DATAcoin for providing bandwidth. We are currently working together with Blockscience on our tokeneconomics. We’ve just started the second phase in their consultancy process and will be soon able to share more on the Streamr Network’s tokeneconoimcs.
But if you want to summate the Network in a sentence or two - imagine the Bittorrent network being run by nodes who get paid to do so. Except that instead of passing around static files, it's realtime data streams.
That of course means it's really well suited for the IoT economy.
Well, let's continue with questions from Twitter and this one comes at the perfect time. Can Streamr Network be used to transfer data from IOT devices? Is the network bandwidth sufficient? How is it possible to monetize the received data from a huge number of IOT devices? From u/ EgorCypto
Yes, IoT devices are a perfect use case for the Network. When it comes to the network’s bandwidth and speed - the Streamr team just recently did extensive research to find out how well the network scales.
The result was that it is on par with centralized solutions. We ran experiments with network sizes between 32 to 2048 nodes and in the largest network of 2048 nodes, 99% of deliveries happened within 362 ms globally.
To put these results in context, PubNub, a centralized message brokering service, promises to deliver messages within 250 ms — and that’s a centralized service! So we're super happy with those results.
Here's a link to the paper:
https://medium.com/streamrblog/streamr-network-performance-and-scalability-whitepaper-adb461edd002
While we're on the technical side, second question from Twitter: Can you be sure that valuable data is safe and not shared with service providers? Are you using any encryption methods? From u/ CryptoMatvey
Yes, the messages in the Network are encrypted. Currently all nodes are still run by the Streamr team. This will change in the Brubeck release - our last milestone on the roadmap - when end-to-end encryption is added. This release adds end-to-end encryption and automatic key exchange mechanisms, ensuring that node operators can not access any confidential data.
If BTW - you want to get very technical the encryption algorithms we are using are: AES (AES-256-CTR) for encryption of data payloads, RSA (PKCS #1) for securely exchanging the AES keys and ECDSA (secp256k1) for data signing (same as Bitcoin and Ethereum).
Last question from Twitter, less technical now :) In their AMA ad, they say that Streamr has three unions, Swash, Tracey and MyDiem. Why does Tracey help fisherfolk in the Philippines monetize their catch data? Do they only work with this country or do they plan to expand? From u/ alej_pacedo
So yes, Tracey is one of the first Data Unions on top of the Streamr stack. Currently we are working together with the WWF-Philippines and the UnionBank of the Philippines on doing a first pilot with local fishing communities in the Philippines.
WWF is interested in the catch data to protect wildlife and make sure that no overfishing happens. And at the same time the fisherfolk are incentivized to record their catch data by being able to access micro loans from banks, which in turn helps them make their business more profitable.
So far, we have lots of interest from other places in South East Asia which would like to use Tracey, too. In fact TX have already had explicit interest in building out the use cases in other countries and not just for sea-food tracking, but also for many other agricultural products.
(I think they had a call this week about a use case involving cows 😂)
I recall late last year, that the Streamr Data Union framework was launched into private beta, now public beta was recently released. What are the differences? Any added new features? By u/ Idee02
The main difference will be that the DU 2.0 release will be more reliable and also more transparent since the sidechain we are using for micropayments is also now based on blockchain consensus (PoA).
Are there plans in the pipeline for Streamr to focus on the consumer-facing products themselves or will the emphasis be on the further development of the underlying engine?by u/ Andromedamin
We're all about what's under the hood. We want third party devs to take on the challenge of building the consumer facing apps. We know it would be foolish to try and do it all!
As a project how do you consider the progress of the project to fully developed (in % of progress plz) by u/ Hash2T
We're about 60% through I reckon!
What tools does Streamr offer developers so that they can create their own DApps and monetize data?What is Streamr Architecture? How do the Ethereum blockchain and the Streamr network and Streamr Core applications interact? By u/ CryptoDurden
We'll be releasing the Data UNion framework in a few weeks from now and I think DApp builders will be impressed with what they find.
We all know that Blockchain has many disadvantages as well,
So why did Streamr choose blockchain as a combination for its technology?
What's your plan to merge Blockchain with your technologies to make it safer and more convenient for your users? By u/ noonecanstopme
So we're not a blockchain ourselves - that's important to note. The P2P network only uses BC tech for the payments. Why on earth for example would you want to store every single piece of info on a blockchain. You should only store what you want to store. And that should probably happen off chain.
So we think we got the mix right there.
What were the requirements needed for node setup ? by u/ John097
Good q - we're still working on that but those specs will be out in the next release.
How does the STREAMR team ensure good data is entered into the blockchain by participants? By u/ kartika84
Another great Q there! From the product buying end, this will be done by reputation. But ensuring the quality of the data as it passes through the network - if that is what you also mean - is all about getting the architecture right. In a decentralised network, that's not easy as data points in streams have to arrive in the right order. It's one of the biggest challenges but we think we're solving it in a really decentralised way.
What are the requirements for integrating applications with Data Union? What role does the DATA token play in this case? By u/ JP_Morgan_Chase
There are no specific requirements as such, just that your application needs to generate some kind of real-time data. Data Union members and administrators are both paid in DATA by data buyers coming from the Streamr marketplace.
Regarding security and legality, how does STREAMR guarantee that the data uploaded by a given user belongs to him and he can monetize and capitalize on it? By u/ kherrera22
So that's a sort of million dollar question for anyone involved in a digital industry. Within our system there are ways of ensuring that but in the end the negotiation of data licensing will still, in many ways be done human to human and via legal licenses rather than smart contracts. at least when it comes to sizeable data products. There are more answers to this but it's a long one!
Okay thank you all for all of those!
The AMA took place in the GAINS Telegram group 10/09/20. Answers by Shiv Malik.
submitted by thamilton5 to streamr [link] [comments]

[for hire] Developer (websites + software developer)

Hello, my name is Simon and I’m a software developer.
I make websites:
I am very flexible on price. Depending on how big it is, and what you want on it.
My prices start from $5 per webpage but the price varies depending on the amount of work required. I do not undertake large projects.
I can also probably tweak existing webpages if required. (pricing will have to be discussed)
I try to avoid frameworks or templates as much as possible. Whenever possible I code everything by hand, from scratch. This means the pages will load quickly, and will not carry any unnecessary excess weight. Do note though, that this will increase the time for me to deliver the finished product.
I do not make logos, provide text or media (these will have to be provided). I also require a good idea of how you want it to look (send a rough sketch of what you want where, as well as fonts colors ect).
Unfortunately this is really the only example of my work that I haven't deleted:
https://simon3335.github.io/CSGO_Trading
I can code in Python and some C:
I am familiar with scripting, making desktop applications and more. My prices vary depending on the job and will need to be negotiated.
(Python):
https://github.com/Simon3335/FSTW-Prices
https://github.com/Simon3335/Python-Bitmap
https://github.com/Simon3335/Alpha-FBR-Feed
(C):
https://github.com/Simon3335/WinUtils
To discuss things further you can send me a DM/PM or contact me via Discord: Simon#6468 or Twitter: u/Xantium0 (do DM me first though, as I don’t check my social media on a regular basis)
I only accept bitcoin as payment
submitted by Xantium0 to Jobs4Crypto [link] [comments]

[for hire] Developer (websites + software developer)

Hello, my name is Simon and I’m a software developer.
I make websites:
I am very flexible on price. Depending on how big it is, and what you want on it.
My prices start from $5 per webpage but the price varies depending on the amount of work required. I do not undertake large projects.
I can also probably tweak existing webpages if required. (pricing will have to be discussed)
I try to avoid frameworks or templates as much as possible. Whenever possible I code everything by hand, from scratch. This means the pages will load quickly, and will not carry any unnecessary excess weight. Do note though, that this will increase the time for me to deliver the finished product.
I do not make logos, provide text or media (these will have to be provided). I also require a good idea of how you want it to look (send a rough sketch of what you want where, as well as fonts colors ect).
Unfortunately this is really the only example of my work that I haven't deleted:
https://simon3335.github.io/CSGO_Trading
I can code in Python and some C:
I am familiar with scripting, making desktop applications and more. My prices vary depending on the job and will need to be negotiated.
(Python):
https://github.com/Simon3335/FSTW-Prices
https://github.com/Simon3335/Python-Bitmap
https://github.com/Simon3335/Alpha-FBR-Feed
(C):
https://github.com/Simon3335/WinUtils
To discuss things further you can send me a DM/PM or contact me via Discord: Simon#6468 or Twitter: u/Xantium0 (do DM me first though, as I don’t check my social media on a regular basis)
I only accept bitcoin as payment
submitted by Xantium0 to Jobs4Bitcoins [link] [comments]

Developer for hire (websites + software developer)

Hello, my name is Simon and I’m a software developer.
I make websites:
I am very flexible on price. Depending on how big it is, and what you want on it.
My prices start from $5 per webpage but the price varies depending on the amount of work required. I do not undertake large projects.
I can also probably tweak existing webpages if required. (pricing will have to be discussed)
I try to avoid frameworks or templates as much as possible. Whenever possible I code everything by hand, from scratch. This means the pages will load quickly, and will not carry any unnecessary excess weight. Do note though, that this will increase the time for me to deliver the finished product.
I do not make logos, provide text or media (these will have to be provided). I also require a good idea of how you want it to look (send a rough sketch of what you want where, as well as fonts colors ect).
Unfortunately this is really the only example of my work that I haven't deleted:
https://simon3335.github.io/CSGO_Trading
I can code in Python and some C:
I am familiar with scripting, making desktop applications and more. My prices vary depending on the job and will need to be negotiated.
(Python):
https://github.com/Simon3335/FSTW-Prices
https://github.com/Simon3335/Python-Bitmap
https://github.com/Simon3335/Alpha-FBR-Feed
(C):
https://github.com/Simon3335/WinUtils
To discuss things further you can send me a DM/PM or contact me via Discord: Simon#6468 or Twitter: u/Xantium0 (do DM me first though, as I don’t check my social media on a regular basis)
I only accept bitcoin as payment
submitted by Xantium0 to Jobs4Bitcoins [link] [comments]

10 Malentendidos sobre El Web Scraping

1. El web scraping es ilegal
Muchas personas tienen falsas impresiones sobre el web scraping. Es porque hay personas que no respetan el gran trabajo en Internet y usan web scraping herramienta robando el contenido. El web scraping no es ilegal en sí mismo, sin embargo, el problema surge cuando las personas lo usan sin el permiso del propietario del sitio y sin tener en cuenta los Términos de Servicio (Términos de Servicio). Según el informe, el 2% de los ingresos en línea se pueden perder debido al mal uso del contenido a través del raspado web. Aunque el raspado web no tiene una ley clara y términos para abordar su aplicación, está abarcado por las regulaciones legales. Por ejemplo:
2. El web scraping y el web crawling son lo mismo
El web scraping implica la extracción de datos específicos en una página web específica, por ejemplo, extraer datos sobre clientes potenciales de ventas, listados de bienes inmuebles y precios de productos. Por el contrario, el web crawling es lo que hacen los motores de búsqueda. Escanea e indexa todo el sitio web junto con sus enlaces internos. "Crawler" puede navegar por la web sin un objetivo específico.
3. Puedes scrape cualquier sitio web
A menudo que las personas solicitan scraping cosas como direcciones de correo electrónico, publicaciones de Facebook o información de LinkedIn. Según un artículo titulado "¿Es legal el web scraping?" Es importante tener en cuenta las reglas antes de realizar el web scraping:
Una persona puede ser procesada bajo varias leyes. Por ejemplo, uno raspó cierta información confidencial y la vendió a un tercero, ignorando la carta de prohibición enviada por el propietario del sitio. Esta persona puede ser procesada bajo la ley de Trespass a Chattel, Violación de Digital Millennium Copyright Act (DMCA), Violación de la Ley de Computer Fraud and Abuse Act (CFAA) and Misappropriation
No significa que no pueda scrape canales de redes sociales como Twitter, Facebook, Instagram y YouTube. Son amigables con los servicios de scraping que siguen las disposiciones del archivo robots.txt. Para Facebook, debe obtener su permiso por escrito antes de realizar el comportamiento de la recopilación automatizada de datos.
4. Necesitas saber cómo codificar
Una herramienta de web scraping (herramienta de extracción de datos) es muy útil para profesionales no tecnológicos como especialistas en marketing, estadísticos, consultores financieros, inversores de bitcoin, investigadores, periodistas, etc. Octoparse lanzó una característica única: web scraping templates que scrapers preformateados que cubren más de 14 categorías en más de 30 sitios web, incluidos Facebook, Twitter, Amazon, eBay, Instagram y más. Todo lo que tiene que hacer es ingresar las palabras clave/URL en el parámetro sin ninguna configuración de tarea compleja. El web scraping con Python lleva mucho tiempo. Por otro lado, una plantilla de web scraping es eficiente y conveniente para capturar los datos que necesita.
5. Puede usar datos scraped para cualquier cosa
Es perfectamente legal si extrae datos de sitios web para consumo público y los utiliza para análisis. Sin embargo, no es legal si scrape información confidencial con fines de lucro. Por ejemplo, scraping información de contacto privada sin permiso y venderla a un tercero para obtener ganancias es ilegal. Además, reempaquetar contenido raspado como propio sin citar la fuente tampoco es ético. Debe seguir de reglas sobre no enviar spam o cualquier uso fraudulento de datos está prohibido de acuerdo con la ley.
6. Un web scraper es versátil
Tal vez ha experimentado sitios web particulares que cambian su diseño o estructura de vez en cuando. No se frustre cuando se encuentre con sitios web que su scraper no puede leer por segunda vez. Hay muchas razones. No se activa necesariamente al identificarte como un bot sospechoso. También puede ser causado por diferentes ubicaciones geográficas o acceso de la máquina. En estos casos, es normal que un web scraper no pueda analizar el sitio web antes de establecer el ajuste.
7. Puedes scraping web a alta velocidad
Es posible que haya visto anuncios de scraper que dicen cuán rápidos son sus scrapers. Suena bien ya que le dicen que pueden recopilar datos en segundos. Sin embargo, si causas daños a la empresa, serás un delincuente y será procesado. Esto se debe a que una solicitud de datos escalables a una velocidad rápida sobrecargará un servidor web, lo que podría provocar un bloqueo del servidor. En este caso, la persona es responsable por el daño bajo la ley de "trespass to chattels" (Dryer y Stockton 2013). Si no está seguro de si el sitio web es scrapable o no, pregúntele al proveedor de servicios de desguace web. Octoparse es un proveedor de servicios de raspado web responsable que coloca la satisfacción de los clientes en primer lugar. Para Octoparse es crucial ayudar a nuestros clientes a resolver el problema y tener éxito.
8. API y Web scraping son lo mismo
API es como un canal para enviar su solicitud de datos a un servidor web y obtener los datos deseados. API devolverá los datos en formato JSON a través del protocolo HTTP. Por ejemplo, Facebook API, Twitter API, y Instagram API. Sin embargo, no significa que pueda obtener los datos que solicite. El web scraping puede visualizar el proceso ya que le permite interactuar con los sitios web. Octoparse tiene plantillas de web scraping. Es aún más conveniente para los profesionales no tecnológicos extraer datos al completar los parámetros con palabras clave/URL.
9. The scraped data only works for our business after being cleaned and analyzed
Many data integration platforms can help visualize and analyze the data. In comparison, it looks like data scraping doesn’t have a direct impact on business decision making. Web scraping indeed extracts raw data of the webpage that needs to be processed to gain insights like sentiment analysis. However, some raw data can be extremely valuable in the hands of gold miners.
9. Los scraped data solo funcionan para nuestro negocio después de ser limpiados y analizados
Muchas plataformas de integración de datos pueden ayudar a visualizar y analizar los datos. En comparación, parece que el scraping de datos no tiene un impacto directo en la toma de decisiones comerciales. De hecho, el web scraping extrae datos sin procesar de la página web que deben procesarse para obtener información como el análisis de sentimientos. Sin embargo, algunos datos en bruto pueden ser extremadamente valiosos en manos de los mineros de oro.
Con la plantilla de web scraping de Octoparse Google Search para buscar un resultado de búsqueda orgánica, puede extraer información, incluidos los títulos y meta descripciones sobre sus competidores para determinar sus estrategias de SEO; Para las industrias minoristas, el web scraping se puede usar para controlar los precios y la distribución de los productos. Por ejemplo, Amazon puede crawl Flipkart y Walmart en el catálogo "Electrónico" para evaluar el rendimiento de los artículos electrónicos.
10. El web scraping solo puede usarse en negocios
El web scraping se usa ampliamente en varios campos además de la generación de leads, el monitoreo de precios, el seguimiento de precios y el análisis de mercado para empresas. Los estudiantes también pueden aprovechar una plantilla de web scraping de Google Académico para realizar investigaciones de tesis. Los agentes inmobiliarios pueden realizar investigaciones de vivienda y predecir el mercado inmobiliario. Podrá encontrar personas influyentes de Youtube o Twitter para promocionar su marca o su propia agregación de noticias que cubra los únicos temas que desea al scraping los medios de comunicación y los RSS feeds.
submitted by melisaxinyue to webscraping [link] [comments]

Ergo use cases: safe, simple financial contracts

Ergo enables new models of financial interaction, underpinned by smart contracts built on flexible and powerful Sigma protocols but easily accessible to developers.
One of the most exciting things about blockchain is the possibility of making digital agreements without any trusted intermediaries. In the simplest use case, pioneered by Bitcoin, Alice can send a payment directly to Bob, wherever the two of them are located around the world, with no bank or any trusted third party needed. However, with the functionality of a modern blockchain like Ergo, it is possible to make far more complex and sophisticated financial agreements than simple payments. Take the following example.

Gold-backed tokens

Alice uses ERGs to purchase gold-backed tokens from Bob. Bob stores the gold in a secure vault, and uses the blockchain to issue one token for every Troy ounce of gold he has. Alice can then use these tokens freely in different contracts, transferring and trading them under whatever conditions she specifies in the smart contract code. When Alice wants to sell the tokens for physical gold, she can conduct another transaction with Bob, receiving ERG in return, at market price.
The point of blockchain contracts is to eliminate the need for trust. While the purchase transaction is now trustless, in this instance Alice still needs to trust Bob about two things. Firstly, Bob may refuse to swap the gold tokens back to ERG at the correct price when Alice wants to sell. Secondly, Bob may default on his obligations – running away with the gold, or misusing the funds he receives and running a fractional reserve.

Extending the contracts

To address these issues, we can create an Oracle, or decentralised price feed. This uses multiple sources of external data to record the price of gold to the blockchain at regular intervals. This price feed will be the reference point for the redemption contract that manages the sale of Alice’s gold with Bob (or any other participant). Thus the system automatically enforces the right price when a swap takes place.
The second situation requires a third-party insurer, Charlie, whose service is also hosted on the blockchain with a smart contract. When Alice purchases gold from Bob, she additionally buys an insurance contract from Charlie. The payment can be dependent on factors including the amount of insurance required, and Bob’s reputation – again, managed by a decentralized feedback mechanism. Now, if Bob defaults, Alice will automatically receive the value of her gold tokens, with Charlie effectively acting as a buyer of last resort.

Programmable contracts

There are, of course, many other example use cases like this one. We can also extend this use case, adding further economic actors. For example, Charlie may sell shares in his insurance business to Dave and other participants, providing them with a proportion of revenues in return for ensuring he has the capital he needs to cover any liabilities from the outset.
However, even the most complex use case is simpler than general-purpose software that can be used to program any contract. After all, generalised logic must be both far-reaching and secure. Moreover, even a specialised contract is made up of many steps, each of which is fairly simple. Thus another requirement for a general-purpose platform is that it should simplify the process of writing contracts, making them as accessible (and safe) as possible. This can be achieved with the use of template agreements, with customisable parameters. The insurance contract above could be based on a module with flexible parameters, for example. This could be used and reused in many different circumstances.

Ergo’s approach

This is essentially the approach that Ergo takes, providing superior support for real-world financial agreements. It does this through:
  1. Support for multi-stage contracts (watch details for developers)
  2. A simple high-level language, ErgoScript, enabling clear descriptions of contractual logic
  3. Support for formal verification of contracts for improved security guarantees (Ergo Platform deployed its first formally verified p2p crowdfunding contract just three months after the network launched)
  4. Easy Oracle creation
  5. Native support for complex signature schemes
In short, creating financial contracts on the blockchain isn’t just about the functionality you provide. It’s about making that functionality safe and accessible, as well as powerful. Ergo achieves this and more.
submitted by eleanorcwhite to CryptoMarkets [link] [comments]

Ergo use cases: safe, simple financial contracts

Ergo enables new models of financial interaction, underpinned by smart contracts built on flexible and powerful Sigma protocols but easily accessible to developers.
One of the most exciting things about blockchain is the possibility of making digital agreements without any trusted intermediaries. In the simplest use case, pioneered by Bitcoin, Alice can send a payment directly to Bob, wherever the two of them are located around the world, with no bank or any trusted third party needed. However, with the functionality of a modern blockchain like Ergo, it is possible to make far more complex and sophisticated financial agreements than simple payments. Take the following example.

Gold-backed tokens

Alice uses ERGs to purchase gold-backed tokens from Bob. Bob stores the gold in a secure vault, and uses the blockchain to issue one token for every Troy ounce of gold he has. Alice can then use these tokens freely in different contracts, transferring and trading them under whatever conditions she specifies in the smart contract code. When Alice wants to sell the tokens for physical gold, she can conduct another transaction with Bob, receiving ERG in return, at market price.
The point of blockchain contracts is to eliminate the need for trust. While the purchase transaction is now trustless, in this instance Alice still needs to trust Bob about two things. Firstly, Bob may refuse to swap the gold tokens back to ERG at the correct price when Alice wants to sell. Secondly, Bob may default on his obligations – running away with the gold, or misusing the funds he receives and running a fractional reserve.

Extending the contracts

To address these issues, we can create an Oracle, or decentralised price feed. This uses multiple sources of external data to record the price of gold to the blockchain at regular intervals. This price feed will be the reference point for the redemption contract that manages the sale of Alice’s gold with Bob (or any other participant). Thus the system automatically enforces the right price when a swap takes place.
The second situation requires a third-party insurer, Charlie, whose service is also hosted on the blockchain with a smart contract. When Alice purchases gold from Bob, she additionally buys an insurance contract from Charlie. The payment can be dependent on factors including the amount of insurance required, and Bob’s reputation – again, managed by a decentralized feedback mechanism. Now, if Bob defaults, Alice will automatically receive the value of her gold tokens, with Charlie effectively acting as a buyer of last resort.

Programmable contracts

There are, of course, many other example use cases like this one. We can also extend this use case, adding further economic actors. For example, Charlie may sell shares in his insurance business to Dave and other participants, providing them with a proportion of revenues in return for ensuring he has the capital he needs to cover any liabilities from the outset.
However, even the most complex use case is simpler than general-purpose software that can be used to program any contract. After all, generalised logic must be both far-reaching and secure. Moreover, even a specialised contract is made up of many steps, each of which is fairly simple. Thus another requirement for a general-purpose platform is that it should simplify the process of writing contracts, making them as accessible (and safe) as possible. This can be achieved with the use of template agreements, with customisable parameters. The insurance contract above could be based on a module with flexible parameters, for example. This could be used and reused in many different circumstances.

Ergo’s approach

This is essentially the approach that Ergo takes, providing superior support for real-world financial agreements. It does this through:
  1. Support for multi-stage contracts (watch details for developers)
  2. A simple high-level language, ErgoScript, enabling clear descriptions of contractual logic
  3. Support for formal verification of contracts for improved security guarantees (Ergo Platform deployed its first formally verified p2p crowdfunding contract just three months after the network launched)
  4. Easy Oracle creation
  5. Native support for complex signature schemes
In short, creating financial contracts on the blockchain isn’t just about the functionality you provide. It’s about making that functionality safe and accessible, as well as powerful. Ergo achieves this and more.
submitted by eleanorcwhite to CryptoCurrencies [link] [comments]

Ergo use cases: safe, simple financial contracts

Ergo enables new models of financial interaction, underpinned by smart contracts built on flexible and powerful Sigma protocols but easily accessible to developers.
One of the most exciting things about blockchain is the possibility of making digital agreements without any trusted intermediaries. In the simplest use case, pioneered by Bitcoin, Alice can send a payment directly to Bob, wherever the two of them are located around the world, with no bank or any trusted third party needed. However, with the functionality of a modern blockchain like Ergo, it is possible to make far more complex and sophisticated financial agreements than simple payments. Take the following example.

Gold-backed tokens

Alice uses ERGs to purchase gold-backed tokens from Bob. Bob stores the gold in a secure vault, and uses the blockchain to issue one token for every Troy ounce of gold he has. Alice can then use these tokens freely in different contracts, transferring and trading them under whatever conditions she specifies in the smart contract code. When Alice wants to sell the tokens for physical gold, she can conduct another transaction with Bob, receiving ERG in return, at market price.
The point of blockchain contracts is to eliminate the need for trust. While the purchase transaction is now trustless, in this instance Alice still needs to trust Bob about two things. Firstly, Bob may refuse to swap the gold tokens back to ERG at the correct price when Alice wants to sell. Secondly, Bob may default on his obligations – running away with the gold, or misusing the funds he receives and running a fractional reserve.

Extending the contracts

To address these issues, we can create an Oracle, or decentralised price feed. This uses multiple sources of external data to record the price of gold to the blockchain at regular intervals. This price feed will be the reference point for the redemption contract that manages the sale of Alice’s gold with Bob (or any other participant). Thus the system automatically enforces the right price when a swap takes place.
The second situation requires a third-party insurer, Charlie, whose service is also hosted on the blockchain with a smart contract. When Alice purchases gold from Bob, she additionally buys an insurance contract from Charlie. The payment can be dependent on factors including the amount of insurance required, and Bob’s reputation – again, managed by a decentralized feedback mechanism. Now, if Bob defaults, Alice will automatically receive the value of her gold tokens, with Charlie effectively acting as a buyer of last resort.

Programmable contracts

There are, of course, many other example use cases like this one. We can also extend this use case, adding further economic actors. For example, Charlie may sell shares in his insurance business to Dave and other participants, providing them with a proportion of revenues in return for ensuring he has the capital he needs to cover any liabilities from the outset.
However, even the most complex use case is simpler than general-purpose software that can be used to program any contract. After all, generalised logic must be both far-reaching and secure. Moreover, even a specialised contract is made up of many steps, each of which is fairly simple. Thus another requirement for a general-purpose platform is that it should simplify the process of writing contracts, making them as accessible (and safe) as possible. This can be achieved with the use of template agreements, with customisable parameters. The insurance contract above could be based on a module with flexible parameters, for example. This could be used and reused in many different circumstances.

Ergo’s approach

This is essentially the approach that Ergo takes, providing superior support for real-world financial agreements. It does this through:
  1. Support for multi-stage contracts (watch details for developers)
  2. A simple high-level language, ErgoScript, enabling clear descriptions of contractual logic
  3. Support for formal verification of contracts for improved security guarantees (Ergo Platform deployed its first formally verified p2p crowdfunding contract just three months after the network launched)
  4. Easy Oracle creation
  5. Native support for complex signature schemes
In short, creating financial contracts on the blockchain isn’t just about the functionality you provide. It’s about making that functionality safe and accessible, as well as powerful. Ergo achieves this and more.
submitted by Guilty_Pea to btc [link] [comments]

Ergo use cases: safe, simple financial contracts

Ergo enables new models of financial interaction, underpinned by smart contracts built on flexible and powerful Sigma protocols but easily accessible to developers.
One of the most exciting things about blockchain is the possibility of making digital agreements without any trusted intermediaries. In the simplest use case, pioneered by Bitcoin, Alice can send a payment directly to Bob, wherever the two of them are located around the world, with no bank or any trusted third party needed. However, with the functionality of a modern blockchain like Ergo, it is possible to make far more complex and sophisticated financial agreements than simple payments. Take the following example.
Gold-backed tokens Alice uses ERGs to purchase gold-backed tokens from Bob. Bob stores the gold in a secure vault, and uses the blockchain to issue one token for every Troy ounce of gold he has. Alice can then use these tokens freely in different contracts, transferring and trading them under whatever conditions she specifies in the smart contract code. When Alice wants to sell the tokens for physical gold, she can conduct another transaction with Bob, receiving ERG in return, at market price.
The point of blockchain contracts is to eliminate the need for trust. While the purchase transaction is now trustless, in this instance Alice still needs to trust Bob about two things. Firstly, Bob may refuse to swap the gold tokens back to ERG at the correct price when Alice wants to sell. Secondly, Bob may default on his obligations – running away with the gold, or misusing the funds he receives and running a fractional reserve.
Extending the contracts To address these issues, we can create an Oracle, or decentralised price feed. This uses multiple sources of external data to record the price of gold to the blockchain at regular intervals. This price feed will be the reference point for the redemption contract that manages the sale of Alice’s gold with Bob (or any other participant). Thus the system automatically enforces the right price when a swap takes place.
The second situation requires a third-party insurer, Charlie, whose service is also hosted on the blockchain with a smart contract. When Alice purchases gold from Bob, she additionally buys an insurance contract from Charlie. The payment can be dependent on factors including the amount of insurance required, and Bob’s reputation – again, managed by a decentralized feedback mechanism. Now, if Bob defaults, Alice will automatically receive the value of her gold tokens, with Charlie effectively acting as a buyer of last resort.
Programmable contracts There are, of course, many other example use cases like this one. We can also extend this use case, adding further economic actors. For example, Charlie may sell shares in his insurance business to Dave and other participants, providing them with a proportion of revenues in return for ensuring he has the capital he needs to cover any liabilities from the outset.
However, even the most complex use case is simpler than general-purpose software that can be used to program any contract. After all, generalised logic must be both far-reaching and secure. Moreover, even a specialised contract is made up of many steps, each of which is fairly simple. Thus another requirement for a general-purpose platform is that it should simplify the process of writing contracts, making them as accessible (and safe) as possible. This can be achieved with the use of template agreements, with customisable parameters. The insurance contract above could be based on a module with flexible parameters, for example. This could be used and reused in many different circumstances.
Ergo’s approach This is essentially the approach that Ergo takes, providing superior support for real-world financial agreements. It does this through:
  1. Support for multi-stage contracts (watch details for developers)
  2. A simple high-level language, ErgoScript, enabling clear descriptions of contractual logic
  3. Support for formal verification of contracts for improved security guarantees (Ergo Platform deployed its first formally verified p2p crowdfunding contract just three months after the network launched)
  4. Easy Oracle creation
  5. Native support for complex signature schemes In short, creating financial contracts on the blockchain isn’t just about the functionality you provide. It’s about making that functionality safe and accessible, as well as powerful. Ergo achieves this and more.
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DEVCON2 report: Day Three - Final day

previous days
Question: the 3 days of devcon are over. Are people interested in reports on the next 3 days of international Blockchain week (demo day + 2 days of global Blockchain summit) http://www.blockchainweek2016.org
`
Event update
The buzz during the day was around the "stick puzzle" that Bok Khoo was giving out to people. It is just a stick, with a loop of string. He gets you to turn away, he uses "the trick" to put it onto your bag and then you try to get it off.
The WeChat channel was just filled with everyone asking where they can get it, and the screaming that they can't figure it out. Only about 5 people reported they were able to solve it (I haven't yet)
http://imgur.com/mYfJQP4 http://imgur.com/4Euka1a
`
Sessions
I'm biased, but I thought the announcement from Microsoft with the update of cryptlets was a big deal. The morning sessions covered a few different oracle systems, the afternoon had lots of IPFS sessions.
Microsoft - A Lap around Cryptlets
https://azure.microsoft.com/en-us/blog/cryptletsdd/ https://azure.microsoft.com/en-us/documentation/templates/ethereum-consortium-blockchain-network/ https://azure.microsoft.com/en-us/blog/authomarleyg
Microsoft was a sponsor of Devcon1 & 2 Ethereum is a 1st class citizen Support for community & partners - Bizspark, Meetups, Workshops
Announcing: Bletchley v1 Distributed Ledger stack V1 is a private Ethrerum consortium, that you can spin up for your own enterprise / group
http://imgur.com/olwwd36
Cryptlets are being developed to help with security, identity, etc. How do you get trusted external data feeds injected into the Blockchain? Doing things on a specific interval (every 15 mins) When price of something hits a threshold (oil goes above $40/barrel) Secure IP protected algorithms, but still share with blockchain network. Use libraries for common platforms (.Net, Java, etc)
Cryptlets vs Oracle Cryptlets will have a marketplace on Azure that will allow you to purchase and utilise
Use case: Trigger on an event Wake up on 4pm, if market was open that day, then give me the price of gold for that day.Get signature of attested server, attested sender.
Use case: Control Using smart contract like a traditional DB. Declare data you are keeping track of, and the functions/"stored proc" to update that data. Cryptlet runs off chain, and can be scaled up.
http://imgur.com/ysgL8S2
Utility cryptlet. Use an attribute in solidity contract with cryptlet details Developer references at design time the cryptlet they want the contract to call Contract cryptlet, deploy the cryptlet at same time as contract.
Why would you want Azure to do this? SGX allows you to create "secure enclaves", can have complete isolation on the hardware chip where it is not modifable. Provides a secure enclave at the CPU level. Can give full attestation right down to the silicon. Will be provided as a enclave container on Azure. Will be released for .NET core CLR first, then other languages. Can create cryptlet libraries that you can scale and put into the Azure marketplace. An ecosystem for developers & ISVs to consume and publish.
Bletchley v1 released today will let you spin up a private consortium. Before today, it took a long time to try and deploy a private consortium (can take weeks to read doco, Now takes 5 minutes to deploy! Creates a private consortium, puts each member in its own separate subnet
http://imgur.com/w4yUsqE
Mist Vision and Demo I was too busy sharing the release posts of Microsoft project bletchey v1, missed this talk. It did look interesting, I will watch this one later. Idea: Reward for bandwidth. Providing connection could replace mining as entrance point for desktop computers. Allow you to have a trickle so you can trigger smart contracts. Standardised backends, so that you can swap out the underlying node between geth, blockapps, etc.
Web3.js
https://github.com/ethereum/web3.js Etehereum JS API Smart conracts are EVM opcodes, Helps translates calls to JSON RPC calls. Helps do the ABI encoding when sending data from JS to EVM It kept on growing, many different utility functions being thrown in. Is time to clean it up and be refactored.
They are now building a NEW web3.js The communication will be socket based, will enable subscriptions. Everything will be based on promises to subscribe to events, like log events. Bunch of other newer cleaner methods and ways to do things like deploying contracts.
Smart contract security
Was a very good postmorteum of The DAO and things that could be done to mitigate it in the future.
An issue with The DAO was trying to do a massive jump from centralisation all the way to full decentralisation. Meant no one could step up and make a decision on how to save it. We need to make smaller steps towards full decentralisation as we learn as a community how to do this. Same security patterns as yesterday's talks: check invarients, beware 1024 call stack depth, reentry exploit (update state BEFORE executing calls), timestamps are manipulatable. Updateable contracts. Who can update it? Community multisig? We need better rools: formal verification, compiler warnings, improved IDEs, trusted libraries, excape hatches
Conclusion: It is still very early days in this space, be careful.
A Provably Honest Oracle Model: Auditable Offchain Data Gathering & Computations
Oracalize is the most widely used oracle (until everyone starts using Microsoft Azure cryptlets ;-) ) Contract calls Oracalize contract with the data they want, off chain they see this get the data, Oracalise then trigger their contract externally, which does a callback to your contract with the data. Can use external notary servers. Can get proof from multiple external services to get a higher level of confidence about data (e.g. stock price from a few feeds). Off-chain (auditable_ computation) AWS sandbox 2.0. Put the execution package onto IPFS, AWS gets it and executes it, signs it.
iEx.ec: Fully Distributed Cloud Thanks to the Ethereum Blockchain
http://iex.ec/ Provides blockchain based execution environments Global market for computing resources. Idea is to do what we did before with "grid computing" use the idle capacity of computers. But this time do a trickle of micropayments. Allows people to harness this global power to execute their tasks in a global "distributed cloud".
The Final frontier: The company smart conract
http://otonomos.com/ Helping companies to incorporate on the blockchain.
Smart oracles
https://github.com/smartoracles Connecting to external resources is difficult. Hard to try and use external currencies (like a bank account / fiat money) to make transactions. Could hook in paypal, HSBC, wells fargo, etc. Can provide your own payment services as an API to a smart oracle for smart contracts to consume. Do off chain data storage by calling smart oracle API Roadmap: more data sources & more payment methods
IPFS & Ethereum: Updates
https://Ipfs.io IPFS is AMAZING, seriously go watch the full 1 hour talks Juan has given in previous years.
Current web has current issues. Centralisation, etc. IPFS is a new hypermedia transfer protocol Content can be retrieved not from specific servers, but instead via it's hash so that it can come from anywhere in the network (maybe from the person next to you who has cached it). It is highly modular, all of the transfer protocals, routing, naming, etc. are all swapable Is available as GO-IPFS & now JS-IPFS Means now you can run IPFS in the browser IPFS was great for static content, but not so great for dynamic content. Low latency pub/sub protocol will help with dynamic data. Created a distributed peer to peer chat app using this new dynamic content protocol. IPLD a common link-tree hash format Will be able to use IPFS to retrieve ethereum blockchain blocks DIRECTLY Can use IPFS as a package manager to retrieve them in a distributed manner.
Many projects are using Ethereum & IPFS Uport, Digix, Infura, Ujo, Eris, Blockfreight. Filecoin was created as a way to try and incentivize nodes to keep files longer time. People rent out hdd space to earn filecoin. Exchange bitcoin/filecoin. Use filecoin to store files in network. Filecoin is going to be built on top of the public Ethereum blockchain, as a virtual blockchain / token.
IPFS Libp2p & Ethereum networking
Network connectivity between any 2 nodes can be difficult. Censorship, bandwidth, network issues, etc. Having to deal with different networking topologies and access. Libp2p & Devp2p is different. Devp2p is for Ethereum. LIbp2p is modular, can swap out components to change network access, encryption methods, etc. Can build up a MEGA mesh network, by utilising traditional wired internet, radio, bluetooth between some nodes. Web browser using web socket, to a node, which routes across network, to zigbee to a IoT device. Libp2p & Devp2p could merge and augment each other. Could create the libp2p components to replace the devp2p bits Any 2 nodes that speak the same protocol can communicate and be a part of the network chain. Experiment. They took the browser based version of EVM. Then used Libp2p to talk to the Ethereum network. Had a complete ethereum node running in a browser.
Uport
https://uport.me/ Universal identity platform Current challenges: key management. Ux for average person. Dapps via mobile. Identity and data ownership. How do you keep a consistent identity, even if you lose a key. Have some multisig contracts that you can use to keep track. Social recovery, use your friends to attest it is really you. Keep private key on mobile, do transactions on the desktop, scan a QR code to sign the transaction on your phone and send it off.
A Deep Dive into the Colony Foundation Protocol
It is an open source governance protocol built on Ethereum Problem with voting is how to prevent Sybil attacks. Votes are weighted by a reputation score. Reputation is non-transferable that can only be earned. Total weighted voting helps mitigate this.
Chain orchestration tooling & smart contract package management
Eris is tooling for developers. Package manager to build your own blockchain. Can compose a chain, e.g. geth + tendermint consensus. Init, install, do. Can easily install on Mac/bew, linux/apt-get, Windows/choco
The Golem Project: Ethereum-based market for computing power
http://www.golemproject.net/ Anyone can make an offer to sell computing power. e.g. Distributed rendering Want to create a standard framework that anyone can use to submit and process jobs.
Status: Integrating Ethereum Into Our Daily Lives
https://status.im Want to get ethereum everywhere. "Mist for Mobile" Everyone is using their mobile phones for everything, but mostly using instant messaging. What would Ethereum in a IM window look? Created a IM mobile app that has a local geth node. tart up, it asks you to create a password, it generates a pub/private pair. Then can send messages via whisper, and the messages are signed with your public key. Can load Dapps up in the local webview and interact with them. Allows you to create "chat Dapps", that you interact with via text. Like chatbots
Maker Ecosystem Overview
www.Makerdao.com Dai: seeking stability on blockchain. Stablecoin engine: smart contract that holds collateral reserves and controls the Dai lifecycle. MKR: open source community managing risk of the system In the last year, investing in a solid technical core. More slow and audit things. Moving into the next phase of stablecoin development. Their latest project is the "Simplecoin project" Meeting Thereum community's need for stability. An independent platform for creating centrally administered simple stablecoins. Issues create their own rule sets: Collateral types, participant whitelists, security parameters. Example: Shrutebucks. The only people who own it are Dwight, Jim & Pam. They backed it with 1/3 ETH 1/3 DGX 1/3 DUSD.
Orbit. A distributed peer to peer app on IPFS
https://github.com/haadcode Created a full distributed chat room, itself distributed through IPFS. It is integrated with uPort for identification Using uPort allows you to verify that you are talking to the correct person in the chat channel. All their messages are signed with their public keys He also created a full distribited twitter clone, using uport for the identity as well. Orbit-db key value store DB that stores its data on IPFS. Eventually consistent Appends data to the DB, an event is sent to those subscribed on pub/sub so they can see the latest root hash. Based on CRDT Ethereum + Pubsub + CRDTs + IPFS = super power primatives to build dynamic distributed apps
Development considerations with distributed apps. Need to ensure that apps work offline. No centralised servers. No data silos. Provide integration path.
Future work: could you use uPort for ACL like permissions? Mobile use cases, how to make it work nicely on mobiles
Building scalable React Dapp architecture
https://github.com/SilentCicero/react-dapp-boilerplate React + Ethereum He has a configured boilerplate template. Has contract scaffolding. Enforced contract Linting/testing. Wallet generation/identity. Preconfigured web3 instance. UI: Mature react arhitecture "react boilerplate". Prices listed in USD with ETH/btc via kraken api. A basic multi-contract example Dapp. Offline first, dapp runs without internet. Uses Redux. State models in UI & blockchains work well. PostCSS, CSS Modules, sanitize.cs. Redux, immutableJS, reslect, redux-saga, i18n, redux-router. Web3, ethdeploy, dapple, solium, eth-lightwallet, chaithereum, ethereumjs0-testrpc Enforced contract testing in 2 languages.
Ethereum for Enterprise (BlockApps Strato)
Trying to make sure that Ethereum stays relevent to enterprise development. Why do you need a blockchain WITHIN an org, shouldn't they trust each other? Well different departments may not, they may reconcile differently, and can help automate/orchestrate between them. Blockchain is the "killer app" for cloud financial services. Legacy infrastructure, batch prossing, etc are all restricting fintech from progressing. Blockchain can happen in real time, can replace legacy. Ethereum is very flexible and programmable, works well. There are others based on Bitcoin (like Hyperledger). Ethereum + Blockapps = Extreme productivity + Proven Technology. Blockapps is extending Ethereum for Enterprise. Runs very well on Azure Enterprises don't want all their data exposed on public chain. Blockapps helps solve data privacy and scaling with multichain fabrics.
submitted by DavidBurela to ethereum [link] [comments]

Memes Gear - ulqhjbtkavdntryhxc - Meme Merch.

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DADI - All-In-One Thread

DADI - All-In-One Thread

DADI: Decentralized Architecture for a Democratic Internet

For a FULL list of DADI updates, including those to the DADI d'Apps, see here: https://dadi.cloud/en/updates/

What is DADI?

DADI: Decentralized Architecture for a Democratic Internet
DADI Official Video
DADI is built on the Ethereum Blockchain using an ERC-20 token allowing the use of smart contracts and thus improving transparency. Think of the DADI network as seen in the likes of more centralised Amazon Web Services, Google Cloud and Microsoft Azure but on a decentralised cloud infrastructure supported by the contributors of the network (masternodes). The DADI network will be widely distributed on which will be an increasingly large number of nodes which are location aware and located at the edge of the network, this increases efficiency and also helps to prevent a single point of failure. DADIs decentralised cloud platform focuses on currently 11 web services (see below) which will feature in the DADI marketplace as intelligent apps.
One way of thinking about this is that the DADI nodes are on a side chain running the DADI software. Contributors stake (PoS) their DADI tokens on the ETH network to secure a node within the DADI network. The node uses Proof of Work (PoW) and Proof of Availability (PoA) to reward contributors with DADI tokens. More information on this in the Masternode section of this post. This means anyone with a device, laptop, phone, home router (a smart device with an internet connection) will be able to earn income by providing spare compute.
DADI is extremely secure and resistant to common attacks such as DDOS and Brute Force and also prevents malicious data entering the network making all of the web services much safer from malicious attack.
DADI has been in development for over 5+ years (yes, 5 years!) and already providing services to some of their top tier clients. These customers will slowly be moved across to mainnet over time.

DADI works with a few large media corporations
  • Virgin Limited
  • Monocle
  • Empire
  • What Car?
  • Grazia
  • Mojo
  • heat
  • Kerrang
  • + many others

DADI Technology Partner Programme

Gain access to DADI tools, training and support along with other benefits by joining the DADI Technology Partner Programme.

DADI Services

The DADI services are broken into a set of micro services within the DADI dApp marketplace and provide the necessary solutions to meet business requirements. They are currently being brought on to the network in a staged and development track.
DADI CDN - Network Ready
DADI CDN is the first product to launch on the DADI network and is currently live on mainnet.
What is CDN?
A Content Delivery Network (CDN) or Content Distribution Network (CDN). DADI facilitates the seamless delivery of image, audio and video assets for digital products accessed across a range of devices in multiple contexts. CDN's deliver content to end users via nodes deployed in multiple locations.
This allows to reduce bandwidth costs, improve end user experience and increase availability of content. With DADI being able to distribute these nodes in a decentralised manner, nodes are likely to be located much closer to the end user.
Here is the DADI CDN sandbox environment for some of the features: https://docs.dadi.cloud/sandbox/dadi-cdn
...10 other services are being built and on the development roadmap.
DADI Store -Q3 2018
DADI Store - A cloud storage solution for all types of data, with built-in security, privacy and redundancy.
DADI API - Q4 2018
DADI API - A high-performance RESTful API layer designed in support of API-first development and the principles of COPE.
DADI API Wrapper - This library is for interacting with DADI API and provides a high-level abstraction of the REST architecture style, exposing a set of chainable methods that allow developers to compose complex read and write operations using a simplistic and natural syntax.
DADI Publish - Q1 2019
DADI Publish – A writer’s window to the world of content creation. Flexible interfaces designed to optimize editorial workflow.
DADI Web - Q2 2019
DADI Web – A schemaless templating layer that can work standalone or with DADI API.
DADI Identity - Q3 2019
DADI Identity - Guarantees uniqueness of individuals — and powers segmentation — for anonymous and known users.
DADI Track - Q3 2019+
DADI Track - A real-time, streaming data layer providing accurate metrics at individual and product level.
DADI Visualize - Q3 2019+
DADI Visualize - A data visualization interface for Identity and Track, capable of taking data feeds from virtually any source.
DADI Predict - Q3 2019+
DADI Predict - A machine-learning layer that predicts user behavior at an individual level based on past interactions.
DADI Match - Q3 2019+
DADI Match - A taxonomic framework for automated content classification through machine learning, which plugs into Publish.
DADI Queue - Q3 2019+
DADI Queue - A lightweight queue processing system powered by Redis, featuring simple task routing and throttling.
...as well as the dApps we also have:
DADI CLI
DADI CLI - DADI CLI is a command-line tool to help with the installation and customisation of the various products of the DADI platform.

Tutorials

DADI Tutorials - Step-by-step guides and practical examples of our technology written by the DADI team.

Official Sources – Get to know the community.

DADI Website
DADI Telegram The community in the Telegram is the most active, but the admins and team will often visit all forms of social media.
DADI Telegram Announcements
DADI Discord
DADI Github
DADI Twitter
DADI Medium
DADI Youtube
DADI Coinmarketcap
DADI Careers
DADI Facebook
DADI investfeed
DADI Blockfolio Signal - Get the app here look out for DADI updates in the Signal feed.
DADI Delta App - Get the app here look out for DADI updates in the Signal feed.

Unofficial Sources

DADI Telegram 'Price talk'
DADI Twitter Bot (DADI Rank)
This is the communities chat talking price action amongst other things.

DADI Foundation

DADI Foundation
DADI Foundation The Foundation was established in January 2017. It has it's own board and it's own CEO. While it benefits from the network and was setup by the founders of DADI, it is independent, with it's own articles and governance.
· DADI AMA - DADI Foundation with Jennifer Martin-Nye, CEO - July 6th
DADI Foundation Social Media:
DADI Foundation - Twitter
DADI Foundation - LinkedIn
DADI Foundation - Instagram
Contact DADI Foundation:
[DADI Foundation - Contact Us](mailto:[email protected])

Roadmap – Where is DADI Heading?

So far DADI have accomplished all targets on time even releasing DADI Mainnet 2 days early.
DADI Roadmap

DADI Team – Who is in the team?

Starting at around 18 members, DADI has grown to around 30. The team decided to remove the office environment and work remotely to promote a better life/work balance.
Due to the size of the team and the information they have presented it is best to read here:
DADI Team
Have a read here about the remote working setup: https://dadi.cloud/en/culture/

DADI Tokenomics – How does the token work?

DADI tokens are an integral part of the DADI Platform. Consumers will be charged tokens for their usage of DADI Web Services. An exchange will be built into front end interfaces, allowing consumers to purchase services in their currency of choice.
Make sure you give the tokenomics doc a read:
DADI Official Tokenomics Documentation (available in 10 languages including: English/Korean/Chinese/German and Russian)
DADI Token
DADI Token is an ERC-20 token which can be stored in wallets such as MEW.
· Ethplorer: https://ethplorer.io/address/0xfb2f26f266fb2805a387230f2aa0a331b4d96fba
· Symbol: DADI
· Contract: 0xFb2f26F266Fb2805a387230f2aa0a331b4d96Fba
· Decimals: 18
· Total Supply: 100,000,000 (The creation of DADI tokens will be a one time event. The Token Creation event is the only time that these tokens can be created, and therefore the total supply of DADI tokens is fixed.)
ICO Prices:
ICO Presale: $0.40
ICO Public Sale: $0.50
ICO Amount raised: $29,000,000

DADI Account - Click the link for Preview

DADI is developing its own 'Account' page which will be fully securable with 2FA. DADI also decided to merge the DADI wallet into the account section.
The account section will be used for multiple reasons such as:
  • Holding DADI tokens
  • Managing Devices/Nodes
  • Increasing barrier for entry with a simple UI
  • DADI Contract management
  • Direct FIAT conversion
  • Consumer facing management functionality
DADI Account Page

Exchanges – Where can I buy (or sell)?

DADI has secured some of the top exchanges, including FIAT pairings\*.
· OKEX
· Bitfinex*
· Ethfinex*
· KuCoin
· HitBTC
· Cobinhood
· CoinFalcon
· Gate.io
· IDEX
· WandX
· London Block Exchange (LBX)* - This will be a future listing including a DADI-GBP pairing for the UK. See partnerships below.

Masternodes and Requirements

DADI Official Documentation
DADI masternodes are built on a 3 tier system to perform different functions required for the network. There are three key nodes within the DADI Network: Stargates, Gateways and Hosts. Availability of running certain nodes comes due to network requirements. As the demand increases so will the required amount of masternodes.
INITIAL On-Boarding of Masternodes:
The first wave of nodes will consist of the DADI Founding Node.
This includes the onboarding of c.500 Hosts, c.15 Gateways and c.2 Stargates during Q3 and Q4. These figures are designed to provide enough capacity for early network demand and are subject to change.

Masternode ROI

Note: A calculator to work this out is in development.
A common question is in regards to the ROI of the nodes. The expected returns are shown in the document linked above, but to further understand potential ROI you must first understand how the network rewards contributors.
DADI consumers purchase DADI services via a currency of their choice and this is then converted in real time to the DADI token. This revenue generated is then split between 3 bodies: Nodes, the Ecosystem fund and the DADI Foundation.
Revenue Distribution
The masternodes work on 3 different models:
  1. Proof of Work + Consensus
  2. Proof of Stake
  3. Proof of Availability
The more work your node does (the monitored requests and traffic to your node), with the amount staked (which is limited to avoid centralisation and additional nodes would be required beyond a certain point) and how available your node is on the network (its uptime) determines its reward payout. The larger masternodes (the Stargate especially) require a high uptime and may be penalised if downtime is not during a maintenance window, the hosts do not have such a heavy requirement.
So as a result, the consumers purchase services through DADI, the revenue is then distributed at 85% to all masternodes based on the results of the nodes Proof of Work, Proof of Stake and Proof of Availability a payout is performed monthly.
The PoS requirement is reviewed per quarter and may be lower as the network grows to allow more nodes to be onboarded.

Masternode Setup

DADI nodes are currently in staged on-boarding until the network is publicly available, this will be known as Constellation and is due Q4 2018/Q1 2019.
The masternode setup will be made to be simple and allow for maintenance windows when downtime is required such as hardware changes, update schedules or other.
You will also be able to monitor performance of your DADI nodes from your account.
Here is a sneak peak of the setup window:
Setup Screen (preview)

Masternode Types

DADI Stargate

· Purpose: Stargates provide the domain name system that makes Gateway/Host resources addressable. They are responsible for the secure running of the network. They monitor resources and control the payout contract.
· 500k DADI tokens
· Restricted availability
· Voting rights
Minimum specification:
High bandwidth: 1 Gbit/s+
High availability: 99.9999%
CPU: 2x quad-core+ @ 2.80GHz+
RAM: 128GB RAM+
Disk: 2TB SSD+
Stargates are intended for high-connectivity environments: think data centers and high bandwidth office environments, and are designed to be single, powerful machines rather than a cluster of smaller, less powerful machines.
DADI Stargate - specs below
For example this Stargate specs are as follows:
· 32x Xeon E3 1260L v5 Quad-Core @ 2.9GHz, 8Mb Cache
· 1.2TB RAM
· 2TB SSD raid
Plus room to expand that 10x per node as requirements grow.

DADI Gateway

· Purpose: Gateways are network node owners who contribute bandwidth. They are the entry point to the network, acting as an aggregate point for Host node capacity.
· 50k DADI tokens
· Limited availability
· Top 25% of nodes have voting rights
Minimum specification:
High bandwidth: 250 Mbit/s+
High availability: 99%
CPU: 1x quad-core+ @ 2.5GHz+
RAM: 64GB RAM+
Disk: 1TB SSD+

DADI Host

DADI Host performs extremely well on a Raspberry Pi 3. It can also be run behind a home router without the need for router configuration.
· Purpose: Hosts are network node owners who contribute computational power. DADI Web Services run in a container service within a secure enclave on Host environments.
· 5K DADI tokens
· No node limits
· Top 5% of nodes have voting rights
Minimum specification:
High bandwidth: 15 Mbit/s+
High availability: 20%+
CPU: 1x quad-core 1.2 GHZ+
RAM: 1GB RAM+
Disk: 50GB HDD+

Masternode Hosting

https://www.wirehive.com/masternode-hosting/ (Details by DADI team to be confirmed)

Partnerships – So who works with DADI?

Wirehive
Wirehive delivers expert infrastructure consultancy and support for a broad portfolio of clients including Vodafone, Honda and ITV — and it will be offering DADI’s network as a decentralized alternative to AWS, Microsoft Azure and Google Cloud.
NetWise
Netwise, a leading provider of server colocation and data centre services.
Netwise offers private facilities in London and throughout Europe, designed and built entirely in-house, and delivers end-user content on a national and international scale. It is also a pioneer in green colocation solutions, offering highly-efficient rack space powered by 100% renewable energy — an issue of equal importance to the DADI team.
Agorai
DADI is developing a marketplace proposition - a containerised service for approved partners that enables the running of third party software within the DADI network.
Agorai are working with DADI to deploy their technology in to the marketplace. They are also likely to use DADI API and Store for key components in their setup.
INDX
INDX are working with the DADI marketplace: an open container that is designed to run third party software. Specifically, DADI are working together with INDX to explore the potential for running their masternode setup within the DADI network. They are currently running in AWS.
blond
Blond creates contemporary products, spaces and digital experiences for a diverse range of brands, including Sony, LG, Revolut and Rapha. Blond are working on designs for dedicated DADI nodes. Think smart speakers and smart fridges (as one of the devs commented: DADI Cool) as well as other devices. One potential use case would be nodes that do not require staking, but would offset their own carbon emissions (more info to come on this).
The founding node design:
DADI x blond - Founding Node
Verasity
DADI have integrated Verasity’s VeraPlayer with the DADI network. Verasity’s video toolkit (vDaf) allows existing online video services to access the benefits of blockchain technology.
DADI and Verasity in Times Sq.
London Block Exchange (LBX)
London Block Exchange (LBX) will be providing a fiat on/off ramp for customers of the DADI network and DADI making available its dApps including API, Web and CDN for use on the LBX ICO website. During its upcoming ICO in August, LBX will also make use of three key dApps from within the DADI marketplaceDADI API, DADI Weband DADI CDN. These applications will deliver optimal performance during the LBX ICO, plus the company is exploring the use of DADI technology for its exchange environments. This will also include a DADI-GBP pairing for the folks in the UK.

FAQ

Will DADI move to its own blockchain?
There are no plans to do this. There is also no mainnet swap.
Can I keep DADI Tokens on my Ledger or Trezor?
Yes, DADI is an ERC-20 token which can integrate with MEW.
What is the utility of the DADI token?
The DADI token is used by the consumers of the DADI web services to pay for requests on the network, regardless of whether they pay in another form of currency.
How does the Fiat on-ramp work? What is the Fiat on-ramp?
Individuals and businesses can pay for DADI services using fiat if they want to. This does not change the fact that our services are paid for in DADI: it simply means that there there will be a small real-time exchange in place on dadi.cloud, removing the barrier to entry that a purely crypto based payments solution would pose. It's no different in concept to a business heading to OKEx, buying tokens and then paying in DADI, other than it is faster and that it provides the experience that the majority of our potential consumer base expects at this point in time. Of course you will be able to buy our services in Bitcoin, Ethereum, Nano and many other currencies besides.
The amount of nodes compared to the amount of coins does not add up?
As consumer demand for the technology increases, the size of the network will need to increase. To support growth in capacity the requirement of POS will be reduced. The token value is the second factor that will be monitored and factored in to POS requirements. Some nodes will be allowed a limited increase for proof of stake without allowing for centralisation.
Can a Masternode be run on a VPS?
While running within VPS will not give you the same performance as running on bare metal, it will still be possible, yes.
As the ETH network is used for reputation management and accounting purposes we understand congestion is not a huge concern, but what point could it become a problem and what is the plan B?
The level of congestion required for this be an issue is huge - existential threat to Ethereum level.
DADI will monitor performance, but do not expect this to be an issue. If it ever was however, of course DADI would look to alternatives.

AMA – All those questions that have been asked, answered.

The DADI team currently run an AMA fortnightly. The AMA is run over 3 platforms, Reddit/Discord/Telegram. All questions and answers are posted throughout. The AMA posts below have the clearest history of the questions asked.
· DADI AMA – The first AMA - 18th May 2018
· DADI AMA – Masternodes - June 1st 2018
· DADI AMA - 15th June 2018
· DADI AMA - Mainnet - 29th June 2018
· DADI AMA - DADI Foundation with Jennifer Martin-Nye, CEO - July 6th 2018
· DADI AMA - Tech AMA with DADI VP of tech James Lambie and Principal Engineer for the DADI network Arthur Mingard - July 20th 2018
· DADI AMA - Founding Node and DADI Store - August 10th 2018
· DADI AMA - Founding Node and Onboarding Process - Friday 07th September, 2018
· DADI AMA - September 21, 2018
· DADI AMA - October 6, 2018
· DADI AMA - October 26, 2018

In the Press – Where’s muh marketing?

The DADI marketing team have been hard at work with a large focus on adoption and real world use cases. See here some of the articles where DADI have been mentioned:
· Tech Digest - Six transformative ICO-funded companies which are definitely worth watching
· Global Coin Report - The decentralized architecture for a democratic internet
· Forbes - DADI: Firm Announces Node Giveaway Following Decentralised Internet Launch
· Cointelegraph - Decentralized Cloud Platform Launches Mainnet in Challenge to ‘Big Four’ Market Leaders
· Cloudcomputing - A datacentre with no centre
· Forbes - 5 Start-ups hoping to rebuild the internet
· City AM - London Blockchain startup building a new internet
· CBR Online - Big DADI Launch: This Startup Wants to Democratise the Data Centre
· The Blockchain - Who’s the DADI? UK Blockchain Startup Takes Cloud Services Fight to Amazon and Google
· INC - This Foundation Is Rewriting the Internet
· Computer Weekly - UK tech startup wants businesses to share their surplus compute capacity to run its cloud
· IT Pro Portal - British start-up launches 'new internet'
· Business Cloud - BIG BRANDS SIGN UP TO 'INTERNET OF FUTURE'
· Codavel - Can Blockchain CDNs be the next big thing?
· Cryptoiscoming.com - Sleeping Giant of Crypto
· TheBitcoinest - The DADI Network Goes Mainstream, Rolling Out Node Giveaway
· thenextweb.com - This blockchain-based company got $30 million to build a ‘new internet’

I am not part of the DADI team, and this information provided is from my own research. Links to sources have been provided where possible.
submitted by __Dragon__ to DADI [link] [comments]

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